ULST

State Street Ultra Short Term Bond ETF

$40.60

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPDR SSgA Ultra Short Term Bond ETF (ULST) seeks to provide a high level of current income consistent with preservation of capital and liquidity.

Overview

ETF tracking State Street Ultra Short Term Bond ETF

Category Inverse

Issuer Other

Inception Date 2013-10-10

Market Cap $631.3M

Average Volume N/A

Dividend Yield 3.68%

52-Week Range $40.24 - $40.72

VWAP $40.60

Performance

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Investment Summary

📎 Investment Objective

The SPDR SSgA Ultra Short Term Bond ETF (ULST) seeks to provide a high level of current income consistent with preservation of capital and liquidity.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of high-quality, short-term fixed income securities, including U.S. government securities, corporate bonds, and asset-backed securities. The portfolio is actively managed to maintain an average duration of less than one year.

✨ Key Features

Focuses on ultra-short duration fixed income securities to minimize interest rate risk
Actively managed portfolio to take advantage of short-term market opportunities
Aims to provide a high level of current income with low volatility
Expense ratio of 0.00% makes it a low-cost option for investors

⚠️ Primary Risks

Interest rate risk: The fund's value may decline if interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the securities it holds
Liquidity risk: The fund may have difficulty selling certain securities, especially in volatile markets
Active management risk: The fund's performance depends on the skill of the portfolio managers

👤 Best For

The SPDR SSgA Ultra Short Term Bond ETF may be suitable for investors seeking a low-risk, low-volatility fixed income investment to park cash or as a temporary holding in a diversified portfolio. It is best suited for investors with a short-term investment horizon who prioritize capital preservation and current income over long-term growth.